MALAYSIA's economy is continuing its growth momentum in 2024, supported by favourable economic performance, notwithstanding persistent challenges in the external environment.
This actually signifies the country’s strong fundamentals, diversified economic activities and investor confidence in the domestic market, anchored by sound policies from the government, said the Finance Ministry.
Furthermore, in its Economic Outlook 2025 report, the central bank commented that the Madani Economy framework, which focuses on restructuring and reforming Malaysia's economic agenda, coupled with the implementation of key policy plans such as the National Energy Transition Roadmap and New Industrial Master Plan 2030, have started to yield positive results.
During the first half of 2024, the economy posted a commendable growth of 5.1%, driven by robust domestic demand, combined with further expansion in exports as well as positive growth in all economic sectors.
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